What it is
Bill proposes abolishing the municipal capital gains tax
It is a members’ bill. Introduced by parliamentary groups, the Senate, regional governments or citizens. It was introduced on 11 January 2022. Introduced by: Grupo Parlamentario VOX.
Official title: Private member's bill amending the consolidated text of the Law Regulating Local Taxes, approved by Royal Legislative Decree 2/2004, of 5 March, for the suppression of the Tax on the Increase in the Value of Urban Land.
Source: Congreso de los Diputados, file 122/000195· updated 11 Nov
Automatic summary, not yet reviewed
- The bill would abolish the tax on the increase in value of urban land, known as the municipal capital gains tax, by repealing Articles 104 to 110 of the Local Government Finance Law.
- The list of taxes city councils could collect would be limited to the property tax, the business activity tax and the mechanical traction vehicle tax, leaving out the capital gains tax.
- Within six months of the law's approval, the Government would have to create a partial compensation for local governments for the revenue they lose, and they could only receive it if they approve an adjustment plan.
- Capital gains tax payments in the voluntary payment period would no longer be due, and assessments already finalized could be reviewed within the statutory limitation periods.
- Local tax ordinances regulating this tax would be repealed.
- The law would take effect on January 1, 2023, so the budgetary impact would apply to the following fiscal year.
Who it affects
- Owners who sell or inherit an urban apartment or plot of land: They would no longer pay the municipal capital gains tax on those transactions.
- City councils: They would lose a revenue source and could receive partial compensation if they approve an adjustment plan.
- People who have already paid assessments of this tax: They could request a review of those assessments within the limitation periods.
Words worth knowing
- Plusvalía municipal (IIVTNU)
- A municipal tax paid when urban land or an apartment is sold, inherited or donated, based on how much its value has increased.
- Texto refundido
- A law that gathers and reorganizes several rules on the same subject into a single text.
- Plan de ajuste
- A spending cuts or changes plan a city council must approve to receive the compensation.
- Prescripción
- The maximum time limit to claim or review a debt or payment; once it passes, it is no longer possible.
It summarizes the text as it was introduced. It is written by artificial intelligence and may contain mistakes: the official text is what counts. Read the official text · How we make summaries
Where it stands
How far did it get?
It took 2 of 7 steps. It reached Admitted, and today it is unfinished.
- Introduced11 January 2022Someone registers the text in the Congreso.
- Admitted25 January 2022The Bureau of the Congreso accepts it and, for a members’ bill, the plenary decides whether to consider it.
- Amendmentsnot reachedGroups propose changes.
- Committeenot reachedA committee goes through the text in detail.
- Plenarynot reachedAll 350 deputies vote.
- Senatenot reachedThe Senate can pass it, amend it or veto it.
- BOEnot reachedIt is published in the Official State Gazette (BOE) and comes into force.
See the 6 official steps on a timeline
Was there a plenary vote?
We have no plenary vote linked to this law in the Congreso’s data.
What happens next
What happens now?
The legislature ended before it finished. To go on, someone would have to introduce it again in the new Cortes.
It has not been presented again yet.
Sources
Where does all this come from?
- Congreso de los Diputados, file 122/000195
Official title, type, author, dates and stage.
Retrieved 11 November 2026
- The data comes from the open files of the Congreso, the Senate and the BOE, unaltered.
- Each deputy’s province is the one of their seat on the day of the vote.
- We only say “passed” or “rejected” when the majority needed is certain; otherwise we say which side had more votes.